HR5370-118

Introduced

To declare the Russian Federation an Aggressor State and provide for the transfer of blocked assets of such country to the United States to be used for the reconstruction of Ukraine, and for other purposes.

118th Congress Introduced Sep 8, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To declare the Russian Federation an Aggressor State and provide for the transfer of blocked assets of such country to the United States to be used for the reconstruction of Ukraine, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients. The main policy domain is Foreign Policy, Finance, Government Operations.

Who Benefits and How

foreign governments, international partners, and aid recipients may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, foreign governments, international partners, and aid recipients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HBA7B3E2C793548769B2A45C9E12B4CB3: 1. Short title This Act may be cited as the Ukraine Reconstruction Act of 2023.
  • Section H14279CDBB4B64CB98F741A4158F7D3F4: 2. Findings Congress finds the following: The Russian Federation, aided and abetted by Belarus, has engaged in egregious and illegal behavior by invading...
  • Section H2F149D9AC5A542A78547D1BE06A2DEA2: 3. Definitions of Aggressor State and Affiliated Aggressor State The President shall designate the Russian Federation as an Aggressor State for purposes of...
  • Section H372236A0C76F497EBF832E10E904928C: 4. Establishment of fund for reconstruction activities As a consequence of the unwarranted and illegal actions of the Aggressor State against Ukraine beginning...
  • Section HAE3B4C73631C4A7BAEC0263AD73B2BC5: 5. Imposition of sanctions with respect to affiliated aggressor states Notwithstanding any other provision of law, the President is authorized to exercise all...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To declare the Russian Federation an Aggressor State and provide for the transfer of blocked assets of such country to the United States to be used for the reconstruction of Ukraine, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Key Policy Areas

Foreign Policy, Finance, Government Operations

Primary Purpose

This bill, To declare the Russian Federation an Aggressor State and provide for the transfer of blocked assets of such country to the United States to be used for the reconstruction of Ukraine, and for other purposes., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Policy Domains

Foreign Policy Finance Government Operations

Whole bill

Identified Gains
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
foreign governments, international partners, and aid recipients:
Identified Costs
  • federal implementing agencies
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
foreign governments, international partners, and aid recipients:

Legislative Progress

Introduced
Introduced Committee Passed
Sep 8, 2023

Mr. Hill introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Foreign Policy Finance Government Operations
Actor Mappings
"secretary_of_treasury"
→ Secretary of the Treasury

Key Definitions

Terms defined in this bill

1 term
"state-owned enterprise with respect to a country" §HC6F4E00381214402B7C82C27C6D58883

an entity— organized under the laws of the country or any jurisdiction within the country

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology